FACTORING is the practice of buying debt at a discount, e.g., if somebody owes you $10,000 payable within a year, a factoring lender may pay you $9,000 for the debt. You receive $9,000 cash quickly, but at the cost of the $1,000 discount.
FREIGHT OUT is the handling, packaging, and shipping costs of product; normally considered a selling cost.
YEAR-END DIVIDEND is a payment to stockholders from retained earnings, declared at the end to a business year.
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